It’s been a tough few years for recent college grads, but not as bad as workers with only high school diplomas. Via Georgetown University’s workforce report: Unemployment rates for new four-year college graduates peaked at 11.1 percent in July 2011 before declining to 6.8 percent in May 2012. Meanwhile, unemployment rates for new high school…
When it comes to jobs, we’re in a “buyer’s market.” Not earth shattering news. With so many people out of work, companies can hold out to find the best and most experienced talent. They can literally wait until they find the perfect fit. When the economy takes a downturn, it’s probably not a surprise that…
Despite current economic and employment woes, the long-term global forecast for an educated workforce is positive – the problem will be if organizations can find enough of them. The latest McKinsey Global Institute report (The World at Work) provides an excellent overview of the labor force on a global scale. Latin America faces opportunities and…
…that’s the increase of professional Latinos employed by the Federal government from 2010 to 2011. Hispanic employment in professional occupations increased by 764 to 24,907 in FY 2011 from 24,143 in FY 2010. Hispanics represented 5.1 percent of all Federal employees in this occupational category in 2011, the same as in 2010. Bonus! Latinas represent…
Employee Resource Groups (ERGs) provide organizations with many potential benefits – internally and externally. Michael Brito at BritoPian adds a social media layer to the discussion. He explores how, with right structure and policies, social media can help organizations build employee brand ambassadors. Given the competition for talent, this social media strategy casts a wider…
When I managed the college recruitment program for a company years ago, we always had a “non-traditional” pipeline to draw talented candidates outside of our target schools. This program proved to be effective because graduates coming in through it were very motivated to work with our organization. Furthermore, many of these students were considered “non-traditional”…
Univision Insights Research shares an excellent overview of Latino Millennials in the United States. Although directed at marketers, much of the information is relevant to organizations hoping to understand and capture Latino talent. Key excerpts: Such a large majority means that—and the study supports this fact—the importance of cultural connections runs across all demographic groups…
PayScale shows at what point women’s pay peaks as compared to men. According to this NYT article, the break begins when couple’s begin to have families: At age 30, both college-educated men and college-educated women have experienced wage growth of almost exactly 60 percent, compared to what they earned at age 22. The typical 30-year-old…
A Work Trends study just released by Rutgers University paints a gloomy picture for this month’s college graduates. Despite encouraging news by some, these findings show that only half of the college graduates interviewed had full-time jobs. Furthermore, most graduates characterized their current positions as either a “stepping-stone” or a “to get by job.” A…
Kevin Wheeler at ERE shares 5 reasons why the traditional workplace is evolving: expectations, choice (not control), focus on employment branding, interest in the candidate experience, and focus on making “lists.” I couldn’t agree more with his thoughts. When you consider that each of these reasons is impacted by the emergence of social media –…
